Accounts Receivable Specialist

Job Description

The Accounts Receivable Specialist position is responsible for managing and maintaining accounts receivable processes. This role involves tracking and the timely processing of incoming payments (cash applications and credit memos), ensuring accuracy in financial records, and collaborating with various departments to resolve any outstanding issues. The Accounts Receivable Specialist plays a crucial role in maintaining a healthy cash flow and ensuring timely collection of outstanding invoices and is a vital member of the Beyond Meat finance team. 

TASKS, DUTIES, & GENERAL RESPONSIBILITIES 

AR responsibilities, which involve:  

• Handle daily cash applications 

• Identify and resolve billing discrepancies (off invoice and short payments) 

• Create credit memo deductions in NetSuite which includes: 

• Obtain backup/supporting documentation from customer portals and other sources. 

• Organize and track documents with consistent naming convention 

• Analyze & retrieve customer deduction documents from customer’s vendor portals 

• Log detailed customer deductions in Excel or other ERP/TPM systems 

• Trade spend/deduction coding 

• Research and resolve short ship deduction (returns, shortages, overages, etc.) 

• Follow internal audit controls for SOX compliance 

• Collaborate with internal departments to address concerns and resolve billing issues 

• Work closely with the finance team to ensure accurate financial reporting 

Additional Duties (as needed when A/R Manger is OOO) 

• Retrieve daily bank reports and customer remittances 

• Update Aging Report 

QUALIFICATIONS 

Required:  

• BS or BA in a relevant field preferred with 4+ years of experience 

• Equivalent combination of education (HS or some college) and 8+ years of proven relevant work experience as an Accounts Receivable Specialist or in a similar role 

• 2+ years of work experience in the food or consumer packaged goods industry preferred 

• Experience working with an ERP system and TPM software 

• Proficient in Excel (V-Lookups, Tables, & Formulas) 

• Clear oral and written communication skills with customers and sales teams 

• Extremely organized and detailed oriented with a high level of accuracy 

• Able to handle high volume processing quickly, efficiently, and accurately 

• Ability to prioritize and manage multiple tasks effectively 

• Analytical, tenacious, and great at research 

• Proactive with follow-through & follow-up 

Preferred: 

• NetSuite experien